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does grover norquist have any credibility left at this point? is he a guy that can twist arms and threaten people and still be effective the way he has been in the past? >> no. let's be very clear what this little tour from grover norquist is about. this is a cry for relevance. that is the only thing we should be seeing in what he is saying. he is trying to prove that he is still relevant. remember, three weeks ago he was singing a dramatically different tune. now he's got even as andrea mitchell pointed out, some kind of alice in wonderland fantasy land about how voting to increase is really voting to decrease. it just doesn't hold water anymore. part of the power of grover norquist is his close relationship with karl rove. karl rove has also been crippled over the past year in the process. so the two of them are not so scary anymore. >> what i found absent from his conversation today was 39.6%. why wasn't he saying this is going to be a job killer? why wasn't he saying -- >> right. >> -- he can't raise taxes on the job creators? it's like he's
does grover norquist have any credibility left at this point? is he a guy that can twist arms and threaten people and still be effective the way he has been in the past? >> no. let's be very clear what this little tour from grover norquist is about. this is a cry for relevance. that is the only thing we should be seeing in what he is saying. he is trying to prove that he is still relevant. remember, three weeks ago he was singing a dramatically different tune. now he's got even as andrea...
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they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the target of those comments, but did harry reid get it wrong, because i thought that your organization actually gave its blessing to boehner's plan "b." >> reid has it wrong on a number of levels. the first, of course, is that the pledge that many congressmen and senators have made to oppose tax increases is made to the people of their state, not to me. in fact, harry reid now has the republican senator joining him from nevada who won because he made that commitment. he took the pledge, and the democrat that harry reid supported attacked him for taking the pledge, and the people of nevada said we want a senator who will stand with us against harry reid's tax increases, so -- and, of course, the issue that came up with plan "b" which was mr. boehner's recommendation that we pass something out of the house which would stop all the tax increases on anyone who earned less than $1 million permanently, was something that didn't
they cannot cross over the threshold that has been built by grover norquist. >> grover norquist joins us now exclusively here on cnbc. grover, we just heard you are the target of those comments, but did harry reid get it wrong, because i thought that your organization actually gave its blessing to boehner's plan "b." >> reid has it wrong on a number of levels. the first, of course, is that the pledge that many congressmen and senators have made to oppose tax increases is...
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the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they were set to expire two years ago and obama extended them for two years without change for everybody, for himself and everyone else. then he said he was worried about the economy and he didn't want to kill jobs. now that his job was safely protected, he's less understood what happened to the economy, the tax increases that he insisted on, all the republicans in the house and the senate who voted more than once to extend the bush tax cuts for everybody permanently, so the republicans are quite clear. they want the tax cuts extended for everyone. the president insisted on taking them away from some people. that will hurt
the tax man is here, grover norquist, president of americans for tax reform, joining us now. thank you very much. happy new year. >> happy new year. >> why were you in favor of this? it's the first tax increase republicans have voted for in 20 years. >> no republican voted for a tax increase. what happened is obama had the demaclese over the american people, unless the house senate and president voted on something. >> the bush tax cuts had set to expire. >> they...
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., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." sorry, grover, the impact of the bill is absolutely a tax hike. supporting it was not unanimous, all but five republicans and three democrats in the senate voted for it, but it was much closer in the house. 151 republicans, more than half of the gop members, voted no, including majority leader eric cantor and republican whip kevin mccarthy. at the end of the day, enough lawmakers across the aisle agreed to the deal, but at a cost of extremely strained relationships. politico reports on an encounter between speaker boehner and harry reid in the white house lobby. go [ bleep ] yourself, boehner sniped, as he pointed his finger at reid, according to multiple sources present. speaker boehner refused to bring forward a bill funding emergency aid for victims of superstorm sandy. this is how republican peter king responded this morning. >> john boehner has been personally helpful
., grover norquist tried to keep his infamous pledge from going obsolete, tweeting "the bush tax cuts lapsed at midnight last night. every "r" voting for senate bill is cutting taxes and keeping his or her pledge." sorry, grover, the impact of the bill is absolutely a tax hike. supporting it was not unanimous, all but five republicans and three democrats in the senate voted for it, but it was much closer in the house. 151 republicans, more than half of the gop members, voted...
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watch grover norquist's people go to work here. let's listen. >> i'm going to ask a question to everybody on the stage. say you had a deal, a real spending cuts deal. 10-1, as byron said. spending cuts to tax increases. speaker, you're already shaking your head. but who, on this stage, would walk away from that deal? when you raise your hand if you just feel so strongly about not raising taxes, you'd walk away on the 10 to 1 deal. >> joining me right now to review that list of greatness, former rnc chairman michael steele who never had a year like this. seriously, both msnbc contributors. that was a scene where you come from the roots of the republican party, sir. was that a good day or a bad day for the republicans when they went out there like lock step? >> i think it was a bad day. it was interesting that later on huntsman said, you know, i probably should have raised my hand and said i would have taken the 10 to 1 deal. i think he recognized after the fact that that was a definitive moment where he could have carved out a new s
watch grover norquist's people go to work here. let's listen. >> i'm going to ask a question to everybody on the stage. say you had a deal, a real spending cuts deal. 10-1, as byron said. spending cuts to tax increases. speaker, you're already shaking your head. but who, on this stage, would walk away from that deal? when you raise your hand if you just feel so strongly about not raising taxes, you'd walk away on the 10 to 1 deal. >> joining me right now to review that list of...
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grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪ ♪ i have squandered my influence for a pocketful of tax cuts for the filthy rich ♪ ♪ my eyes get wet still a man cries when he thinks about which fabric is the best ♪ ♪ on the house floor stands the boehner and he's whining constantly ♪ ♪ and the fiscal cliff reminds him of every vote that let him down ♪ ♪ as he cried out in his anger and his shame ♪ ♪ i'm weeping i am weeping but he still remains ♪ ♪ crying eyes ♪ ♪ crying eyes ♪ >> yea! rocky mountain mike. >> stephanie: rocky mountain mike never on va
grover norquist. we had an election and boehner was elected speaker now lame duck obama should get over it. >> okay, a boehner hasn't been -- boehner hasn't been elected to anything yet because there's going to be a fight between him and eric cantor coming up. >> stephanie: crazy cowboy, eric eric cantor. >> okay corral. and it won't be okay for you. it will be super okay for me because i moisturize. >> stephanie: oh, boehner boehner. ♪ ♪ i am just an orange boy ♪...
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. >> i want to hear from grover norquist because this logic is fantastic. passed by congress that raises taxes for the higher earners, extends tax cuts for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed via auto pen. that's the signature machine that the presidents sometimes use while away from washington, far from a bipartisan public signing ceremony. look at this. >> it was special. he wanted to capture it. it was special. >> back at the capitol -- >> in wisconsin they were thinking about signing civil rights legislation with his hands, then decided use the auto pen. looks better for the history books. >> on the jetsons. >> there are several major issues -- >> rosie, by the way. >> -- awaiting the president's return including the impending fight over the debt ceiling. >> it's going to be ugly. >> meanwhile, grover norquist sat down with andrea mitchell yesterday where he insisted that republicans who backed the fiscal cliff deal did not, in fact, vote to increase taxes. >> no republic
. >> i want to hear from grover norquist because this logic is fantastic. passed by congress that raises taxes for the higher earners, extends tax cuts for many americans. the president reviewed a copy of the bill while vacationing in hawaii before directing it to be signed via auto pen. that's the signature machine that the presidents sometimes use while away from washington, far from a bipartisan public signing ceremony. look at this. >> it was special. he wanted to capture it. it...
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and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left who may please me by choosing donald trump. alex wagner, the biggest loser of 2012? >> donald trump -- >> correct, correct, you get the ipad. >> i hate to disappoint you, it is shelden addelson -- the house lost. >> steve. >> i want an ipad, but the big loser, the name for generations, the gold standard in public opinion polling. gallup, all of october, on election day said romney has an advantage, going to win this, and people are going to look more skeptically at the gallup polls. >> let's see if silver comes up in the category, biggest winner, again, i'm going to go first, because once again, i couldn't be mor
and the pledge is slowly, grover norquist, anti-tax pledge, which is no way to run a business or the government. revenues are important if you understand a balance sheet. and that thing has haunted us for a long time and is slowly losing. >> krystal ball, the biggest loser. >> mine in part, karl rove, people thought if they didn't like him, he was very smart. he exposed himself to not be very smart on election night over at that other network. >> we only have two people left...
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i mean grover norquist is braggin the you know nobody voted to raise taxes he's disagreeing with you and you know in. the big picture here i mean if the political climate that republicans had this wasn't a deal that mean it was made back in this was something that was a lot of contention on the right among this republicans didn't make out very well and i think i think you guys are crying crocodile tears because you know that you know a obama gave away massive tax cuts to millionaires and billionaires and transnational corporations goldman sachs got their one point six billion dollars had anything away at this process the whole at every step of the way he was on willing to work in the public and not only as it is and he keeps saying that republicans were the ones on one to compromise he was consistently the. one willing to compromise on the tax cut of over you know people making two hundred fifty thousand dollars a year i mean it's the whole entire thing is really ridiculous and it's the same republicans for the estate tax at midnight december thirty first it's a tax when to fifty fiv
i mean grover norquist is braggin the you know nobody voted to raise taxes he's disagreeing with you and you know in. the big picture here i mean if the political climate that republicans had this wasn't a deal that mean it was made back in this was something that was a lot of contention on the right among this republicans didn't make out very well and i think i think you guys are crying crocodile tears because you know that you know a obama gave away massive tax cuts to millionaires and...
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a lot of members, too, signed the no tax pledge that many of you know grover norquist pushed around and used as a threat. you better sign the no tax pledge. my radio show launched yesterday and i had grover on because he said it was a win for republicans. though it was a tax increase it wasn't violation of the pledge. listen. >> la of the of these guys signed your penal. how did you lose the guys? they broke your pledge? >> that is what the president is trying to get them to say to vote for tax increase in future. >> it's crystal clear now that republicans can't all be trusted not to raise taxes. i don't see how you tell a guy that his taxes around higher. >> you can't. go to andrea tantaros at twitter. >> bob: fox news alert. november unemployment figure, revised 215. obama recovery is working. one more thing, congratulate speaker john boehner because i think he did show courage in this. republicans are jumping on the guy. tough job to be a speaker. i showed him to be a leader. i give him credit. that will probably hurt him. >> eric: that was two one more things. we usually don't do th
a lot of members, too, signed the no tax pledge that many of you know grover norquist pushed around and used as a threat. you better sign the no tax pledge. my radio show launched yesterday and i had grover on because he said it was a win for republicans. though it was a tax increase it wasn't violation of the pledge. listen. >> la of the of these guys signed your penal. how did you lose the guys? they broke your pledge? >> that is what the president is trying to get them to say to...
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the main spokesperson is this man, grover norquist. the americans for tax reform. he was almost regenerating all signs from republicans, signatures -- from republicans. this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first time in history. at the last moment, they both agreed to a trillion dollars in spending cuts and 1.2 trillion to be decided by a special congressional super committee. but a poison pill was attached. if this cannot be reached, this automatic across-the-board cuts as the sequester would go into effect starting january, 2013. at the exact moment when the abortion-era tax cuts required-bush-era tax cuts could have been expired like they did two years ago but once we often got drowned out by seemingly endless and continuous elections in america. this time, there could be a serio
the main spokesperson is this man, grover norquist. the americans for tax reform. he was almost regenerating all signs from republicans, signatures -- from republicans. this became 2011, when it came to we had the demanded that it reduce the deficit. because of the debt ceiling without a deal, the u.s. would lose its ability to borrow money. democrats, republicans, wanted a stricter tactics that shut down the government and ultimately cost the american it is trouble a credit rating in the first...
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. >> all of the republicans will hear grover norquist recite over and over, every time they promise spending cuts in exchange for tax hikes, the tax hikes came, the spending cuts never came. >> and how long will the road be in terms of what the subpoenaing cuts might or might not be? that will prolong the uncertainty in the market. and with the ceo conference call in the 6:00 hour, that should be very interesting. will we feel the effect of this in the first quarter earnings and gdp, other economic data points. >> it puts republican caucus in the house in the position of having to decide whether no deal is better than a bad deal. >> you know, melissa, if i could chime in, one thing, you didn't hear the president talking about the debt ceiling, and the treasury secretary says we'll start running up against the debt ceiling on monday. that's a very controversial piece of the whole deal. they are talking about leaving that aside and revisiting it when we run out of the extraordinary measures that the treasury can put in place to keep us from hitting the debt ceiling. >> let's welcome in deutsch
. >> all of the republicans will hear grover norquist recite over and over, every time they promise spending cuts in exchange for tax hikes, the tax hikes came, the spending cuts never came. >> and how long will the road be in terms of what the subpoenaing cuts might or might not be? that will prolong the uncertainty in the market. and with the ceo conference call in the 6:00 hour, that should be very interesting. will we feel the effect of this in the first quarter earnings and...
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grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will stabilize the debt to gdp ratio and that has to be -- that has to be one of the goals of a broader deal that now we're probably going to be looking for on the other side of the cliff. >> yeah. i don't know. it doesn't seem to be any part of the president's goal. jared, good to see you always. jimmy, you, too. we'll get you guys back in just a few minutes. we'll get you to the roundtable if you haven't had enough yet. what will it mean for banks? new analysis shows that the expiration ever tax cuts will improve bank savings in 2013, by, listen to this, 54%. in othe
grover norquist telling them they never come. they're the unicorn that doesn't exist. >> a lot of republicans at this point will say, you know what? after all of this they may not be saying publicly now, but they'll say let's just take the sequester and at least we'll be cutting some spending and we'll be cutting the actual spending and take that sequester. >> last word. >> i don't disagree with you and jimmy on this point. this is not a deficit reduction deal that will...
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norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two years or something. >> whoa, hang on, hang on. that was a bit below the belt, grover. >> hey furks think a commitment is not for as long as you make it it for, the commitment for the pledge as peter king well knows when he signed it is as long as you're in congress you will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done
norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge, it cannot be broken when many of your own party are now saying you know, what it doesn't make sense to have this irresolute position anymore. >> two things, the pledge is not for life. but everybody who signed the pledge, including peter king, who tried to weasel out of it -- shame on him as the "new york sun" says tonight. i hope his wife understands commitments last a little longer than two...
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. >> sam, is this the end of the road for grover norquist and his pledge? >> it's odd because grover was the one sort of outside government institution on the conservative side who agreed with speaker boehner's plan "b" which would have allowed taxes to go up above $1 million in income. all the other conservative groups say no. i think grover's pledge, i don't know where it goes from here. obviously is doesn't have as much teeth as is it did because there are people who are willing to buck it. >> i think the key thing with the grover pledge though is that republicans feel like they're in such a corner here, the house is in disarray, boehner doesn't really know where his caucus is going to go. they're not really worried about grover's pledge. they're more worried about rebuilding the party and surviving this horrible moment when they barely control one chamber. >> okay. so i want to run this by you. charles krauthammer from "the washington post" has suggested this kind of complicated theory that the president has a bigger plan here. wonder if we can play thi
. >> sam, is this the end of the road for grover norquist and his pledge? >> it's odd because grover was the one sort of outside government institution on the conservative side who agreed with speaker boehner's plan "b" which would have allowed taxes to go up above $1 million in income. all the other conservative groups say no. i think grover's pledge, i don't know where it goes from here. obviously is doesn't have as much teeth as is it did because there are people who...
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but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all right, congressman peter welch, thank you. it appears at least the ball has been moved a little bit down the field. thank you so much. we appreciate your time. >> thank you. >>> well, forget the politics for a second. up next, find out what the breaking developments mean for the markets tomorrow. and your paycheck. that's right. your paycheck in the coming months. more breaking news continues. stay here. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replace
but he's got a caucus that does not want to violate the grover norquist pledge. by the way, the debt is a serious problem. and that's why i think the president and many of us were disappointed once again that we didn't get a grand bargain. everything should be on the table. but at least this time there is an outcome that is possible, that will do no harm, and will allow us to continue this debate on how to right size government and get savings in some of our benefit programs. >> all...
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norquist not to allow any tax revenues whatsoever. meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is ba
norquist not to allow any tax revenues whatsoever. meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with...
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some of them do, some will vote against this, grover norquist says boehner's plan b wouldn't raise taxes. under current law, the rates are set to go up. >> we'll talk to you again, soon, i'm sure, even if it's not that soon it will be in february or march when we have to revisit this all over again. gentlemen, thank you so much. >> take care. >>> a new here no our viewers, you don't want to miss "meet the press," david gregory sitting down with president obama. check local listings for "meet the press" tomorrow morning. >>> turn to weather now. another winter storm. marching north, promising snow. right now, crews and homeowners getting ready in pennsylvania. in massachusetts, coastal residents trying to secure their homes after the last storm, washed way some 20 feet of sand. people are hoping for cooler temperatures and fresh snow in some ski resorts. looking at this in rhode island. meteorologist dylan dreyer with the forecast. >> thanks, c.j. good morning. we're talking about more snow in the northeast. this time around, more of a new england snowstorm, especially southeastern new en
some of them do, some will vote against this, grover norquist says boehner's plan b wouldn't raise taxes. under current law, the rates are set to go up. >> we'll talk to you again, soon, i'm sure, even if it's not that soon it will be in february or march when we have to revisit this all over again. gentlemen, thank you so much. >> take care. >>> a new here no our viewers, you don't want to miss "meet the press," david gregory sitting down with president obama....
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the truth is, and grover norquist has said this, sort of the high priest of republican economics and the tea party, they want to starve the government. they want to shred the social safety net. they lost the last election. they lost the last century. they'd like to repeal much of the new deal, much of the great society, get rid of hk reform. but secondly, the hypocrisy, and jared is right about this, is extraordinary. where did most of this debt come from? it came from bush's two unfunded wars, from an unfunded medicare prescription drug benefit, from the decision that -- the set of decisions that led to the bush economic collapse in 2008. if you put all that together, that's responsible for most of this debt. and by the way, the people who are now talking about spending cuts and we really have to reduce the size of government were the folks who brought us all that. >> but are you saying that as a political matter they're aware of the concern that exists among their constituents, people who call a talk radio program like mine, and they are using that as a subterfuge to get to what th
the truth is, and grover norquist has said this, sort of the high priest of republican economics and the tea party, they want to starve the government. they want to shred the social safety net. they lost the last election. they lost the last century. they'd like to repeal much of the new deal, much of the great society, get rid of hk reform. but secondly, the hypocrisy, and jared is right about this, is extraordinary. where did most of this debt come from? it came from bush's two unfunded wars,...
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allow their members to observe the grover norquist pledge and not raise taxes, which means they can't vote before midnight tomorrow to raise taxes. they could easily do that when the calendar turns into the next year. they could do that at any point, be consistent with their pledge and kind of walk away with their chins high. again, presumably observing some sort of line that the president supports about tax increases or in that case not having tax cuts for a few of the upper percentage taxpayers. that's something, again, that doesn't violate any republican pledge, so i think as a practical matter, and we heard this when plan "b" was pulled by speaker boehner, the perception is they can't allow themselves to vote for a tax increase. they don't want to get primaried, but come the new year they have an out which allows them to actually cut a deal. mitch mcconnell i think heinz what he says that he wants to get something done because they don't want to see the economy go into a tailspin. they read the same polls that you and i read which is that the president comes out way ahead these da
allow their members to observe the grover norquist pledge and not raise taxes, which means they can't vote before midnight tomorrow to raise taxes. they could easily do that when the calendar turns into the next year. they could do that at any point, be consistent with their pledge and kind of walk away with their chins high. again, presumably observing some sort of line that the president supports about tax increases or in that case not having tax cuts for a few of the upper percentage...
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norquist and unfortunately the tea party has been distorted. i took a little opportunity today to read about the historic i think 1773 when the tea partiers, boston tea partiers threw tea into the boston harbor. they were fighting for the colonies, for our independence, fighting for america. what are the tea party advocates fighting for now, that's not america. to see our economy troubled by the fact that the markets are nervous about going over this slippery slope. if that doesn't touch your heart on middle class americans seeing their tax bill go up enormously or $109 billion in immediate cuts in places where we probably can't cut. we cut $1.2 trillion and if i can say this one point, can you believe it on this day as we are looking for a solution someone has come up with the idea, i'm not going to raise the debt ceiling unless you give me another $1.2 trillion in cuts in medicare. let's stop the one upsmanship. i'm ready to vote on sunday to make it work and to make it work with a compromise. let's come tocchet and we can do this job. >> all
norquist and unfortunately the tea party has been distorted. i took a little opportunity today to read about the historic i think 1773 when the tea partiers, boston tea partiers threw tea into the boston harbor. they were fighting for the colonies, for our independence, fighting for america. what are the tea party advocates fighting for now, that's not america. to see our economy troubled by the fact that the markets are nervous about going over this slippery slope. if that doesn't touch your...
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Dec 30, 2012
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. >> when ronald reagan was president, grover norquist was in diapers and rush limbaugh was a disk jockey, i think, in st. louis. you have had a hermetically sealed culture grow up on the right in this country that as we saw during the last election, is removed from reality and is extreme in the most egregious way. >> and you don't have to go all the way-- >> it's much further than that. when bill clinton passed that budget deal, he didn't get a single republican vote. and there hasn't been a republican vote for tax increases in 20 years, and if the deal falls apart today-- which i think it probably will-- the reason is there will be no republican votes. even in the senate, much less to the house for a tax increase, which is what they're talking about. >> in the short term there's no political penalty to pay for that, back to your point, i guess, that we re-elected both a democratic president and because-- because of jerry manneddering, so there's no political price to pay so members of congress with vote in the interest of the their constituents and not the best center of the country. >>
. >> when ronald reagan was president, grover norquist was in diapers and rush limbaugh was a disk jockey, i think, in st. louis. you have had a hermetically sealed culture grow up on the right in this country that as we saw during the last election, is removed from reality and is extreme in the most egregious way. >> and you don't have to go all the way-- >> it's much further than that. when bill clinton passed that budget deal, he didn't get a single republican vote. and...
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Dec 27, 2012
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and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republicans and democrats want to keep all the bush tax cuts. that's way more than 80% of all the bush tax cuts. they agree on all of that, no argument. where they disagree is democrats want to raise taxes on any income over 250,000. and they'll accept at this point 400,000. and republicans, though, this is what people don't always know, republicans want to raise taxes too, they want to raise them on poor people. they want to let the stimulus tax cuts expire. those are tax cuts that are helping poor and middle tax cuts. a family may get $60,000 will see a tax increase of almost $1,000. the white house opposes that tax increase. that is the shape of the disagreement on taxes. democrats want to raise them on the rich, republicans want to raise them on the poor. that is where the fight is happen i happening number four. and i canno
and republicans who totally grover norquist taxes, they hate them, that is not true. to a degree that kind of disturbs me, actually, the two parties mostly agree on keeping the bush tax cuts. up to $250,000 in income, which is a lot of income. republicans and democrats want to keep all the bush tax cuts. that's way more than 80% of all the bush tax cuts. they agree on all of that, no argument. where they disagree is democrats want to raise taxes on any income over 250,000. and they'll accept at...
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Dec 28, 2012
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the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises that are made without context. so if members of congress, republicans and in particular, were able to free themselves from norquist's shackles, and take a real look at the merits versus the risks of raising taxes, they would see something interesting. while raising taxes is never ideal, the net effect to the economy of increasing the tax burden only on that portion of one's income that is higher than a quarter of a million dollars, by 4.6 percentage points, would have a negligible effect. that's because the proportion of what you need to spend on
the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises...
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Dec 26, 2012
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norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while, i'd say in the modern era. >> one of the odd things on the first day is elect a speaker. the majority party puts up -- this time it would be john boehner. the minority puts up their chosen leader, this time nancy pelosi. it's usually pro forma, but this time it has a real weight to it, because one of the reasons we're in this situation right now is because we're waiting for john boehner to be reelected to speaker of the house before they make a move, because only if 16 or 17 republicans don't vote for the guy, he could lose. they just want to wait. >> that's, i thi
norquist or americans for tax reform, they will have a tax cut. i think people have been thinking all along that really if push comes to shove, we'll do it in the new year and that seems to be what's developing. >> it creates an interesting dynamic, you'd have a new congress sworn in on january 3rd and ordinarily everyone goes home, get your picture taken, that's it. you're essentially swearing in a new congress and moving to the floor. that's something we haven't seen in quite a while,...
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Dec 30, 2012
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. >> the guy -- the guy -- grover norquist. >> there you go. named after a fuzzy blue sesame street. i have a bonus one for you. some people are going to have problems if they don't get this. which comedian stirred up controversy? >> chris rock. >> yes. the answer is chris rock and the tweet is happy white people's independence day, the slaves weren't free, but i'm sure they enjoyed the fireworks. >> that was on the black level. it's our psychic ability there. >> i literally got a participation sticker. i'm going wear it proudly. that's what i got. >> thank you for playing. when we come back, i'm going to talk about how chick-fil-a broke my heart in 2012. >>> this year was so politicized waffle fries became a statement. >> a little concerned about this issue of the family and how we define the family. we want to encourage our nation that god sets a standard to what a family is. it's not going to come out of washington. we ought to pray for our politicians and the thought leaders. we are out here to sell chicken. >> just trying to sell some chic
. >> the guy -- the guy -- grover norquist. >> there you go. named after a fuzzy blue sesame street. i have a bonus one for you. some people are going to have problems if they don't get this. which comedian stirred up controversy? >> chris rock. >> yes. the answer is chris rock and the tweet is happy white people's independence day, the slaves weren't free, but i'm sure they enjoyed the fireworks. >> that was on the black level. it's our psychic ability there....
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Dec 29, 2012
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norquist, president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories for raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to $1 trillion in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across-the-board cuts, known as the sequester, would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the po
norquist, president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories for raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government...
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house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now a
house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to...
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Dec 28, 2012
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norquist. what role do the pledges play in our inability to compromise? >> well, i'm certain it does play a role. i've never signed these pledges because my obligation to the people who elected me and that's the way it should be for each member of congress, because times change. the circumstances change, you have to address the issue at hand. it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt problem and i understand as far as the republican position is concerned, so that does have credibility, and we have to come to the table on both of those issues, but i think more than anything else, what is deeply troubling is that you can't get congress and the president to reach any accord on anything. we can't even do routine business, let alone the matters that could affect the future of this country. >> olympia snowe you and what you represent will be missed in the senate. senator olympia snowe republican
norquist. what role do the pledges play in our inability to compromise? >> well, i'm certain it does play a role. i've never signed these pledges because my obligation to the people who elected me and that's the way it should be for each member of congress, because times change. the circumstances change, you have to address the issue at hand. it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt...
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Dec 29, 2012
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the democrats don't have a grover norquist that threat, the caucus if they even think about voting for taxes. i do think the u.s. public has seen the differences between the parties. >> i think a lot of people and certainly a lot of our viewers would agree with you on that. it's not necessarily equal blame right now. congresswoman bass, you have a safe trip back over to washington, d.c. and absolutely good luck over there. and if i don't talk to you again before next week, happy new year to you. >> happy new year to you as well. >> all right. and with an in-depth look at what all this cliff dwelling means, our nation's fiscal health, brian mcguinness is president of the committee for responsible federal budget and head of the fix the debt campaign. and i know this has to just be driving you crazy to be listening to some of these conversations that we have been having this morning. so how disappointing is it to you to hear about a possible small deal that keeps taxes from going up, which is a good thing for all americans maybe next week, but what does that do for this country's long-ter
the democrats don't have a grover norquist that threat, the caucus if they even think about voting for taxes. i do think the u.s. public has seen the differences between the parties. >> i think a lot of people and certainly a lot of our viewers would agree with you on that. it's not necessarily equal blame right now. congresswoman bass, you have a safe trip back over to washington, d.c. and absolutely good luck over there. and if i don't talk to you again before next week, happy new year...
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a few weeks ago, a lot of people said, okay, grover norquist, we are going to say, if we have to make this to get our country through the toughest one of the toughest times, we will vote for tax increases. >> and it didn't even come to a vote in the house, because they couldn't approve boehner's plan. >> the vote in the house -- >> you're making my case. >> that was a ridiculous plan. >> they can't even get it to a vote in the house because they don't even have consensus on it. president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >> the senate passed a deal in july that dealt with the amt. it dealt with dividends and capital gains and it dealt with the, the funda
a few weeks ago, a lot of people said, okay, grover norquist, we are going to say, if we have to make this to get our country through the toughest one of the toughest times, we will vote for tax increases. >> and it didn't even come to a vote in the house, because they couldn't approve boehner's plan. >> the vote in the house -- >> you're making my case. >> that was a ridiculous plan. >> they can't even get it to a vote in the house because they don't even have...
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Jan 2, 2013
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it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing i've seen in the last week is why new york fired the general manager instead of the coach. watching politicians all slap each other on the back while the country slips into a grecian like formula isn't surprising. >> are you surprised the market so far in looking at the futures has taken such a positive outlook on this? >> i don't know. to me, the fair value adjustments in the opening is far from a cohuge move in my opinion. here we are a move in the fixed income markets because of the move in stocks. i caution everybody to wait until the close because i think some of the intraday outside nois
it doesn't surprise me grover norquist gave ground cover to what some of the house republicans did. it doesn't surprise me that the administration, the vice president, the president did the easy thing. the only thing i think is going to be surprising is how much of a battle that probably gets best record in 6-8 weeks regarding the debt ceiling. there has to be some type of an end game for sanity. i think everything that's happened thus far doesn't surprise me. i guess the most surprising thing...
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Jan 2, 2013
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if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each other, but the bottom line, 99% of americans are going to get a tax cut. $730 billion. again, wasn't exactly the way i'd like to see it go down because i'd like to see a spending aspect of it. 49 out of 50 governors, that's what i'm going to push for, but we'll have that spending battle, which is the real issue going forward, but we did bring certainty to some of the tax code. i know a lot of small business people are excited about that. >> it is the real issue, congressman, and it could be the more vitriolic battle on capitol hill. do you feel by siding with the democrats this time around that somehow,
if grover norquist was here, he would say the greatest thing we're able to promise people is no further tax rises. it was the major mistake that bush sr. made when he said read my lips, no new taxes and then broke that pledge. what will you then say at the next election when this issue comes up? >> again, i think i held taxes down to 99% of the people. if it went over the cliff, we would have had to deal with it and then had a tax cut. i think just plain in terms of terminology with each...
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Jan 3, 2013
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norquist pledge. he could be a real blueprint as to whether anything is going to get done in this congress and why he voted for eric cantor. plus, we're going to talk about in maryland, wolf, we've been talking a lot about mental health in relation to gun policy in this country. and in maryland, a panelist has come forth with a panel of recommendations that say, if you make a threat against somebody, a threat against their lives or makes them feel afraid, that if you have a gun, law enforcement could come and seize all of your firearms. is that fair or is that a violation of the second amendment? that's coming up, top of the hour. >> it's a good, intriguing question. i'll be watching, erin. thanks very much. sounds like an excellent show at the top of the hour. >>> other news we're following including a taliban commander who is killed in a suspected drone strike. kate's been monitoring that, some of the other top stories in "the situation room." what happened? >> this all happened in pakistan's volati
norquist pledge. he could be a real blueprint as to whether anything is going to get done in this congress and why he voted for eric cantor. plus, we're going to talk about in maryland, wolf, we've been talking a lot about mental health in relation to gun policy in this country. and in maryland, a panelist has come forth with a panel of recommendations that say, if you make a threat against somebody, a threat against their lives or makes them feel afraid, that if you have a gun, law enforcement...
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Jan 2, 2013
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so when the deal was approved ton the 1st, well, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank the work that was done by my extraordinary vice president, joe biden. >> reporter: but there's one problem, the fiscal mess that is so big, even deficit hawk, alan simpson, did the gangnam style to call attention to it, hasn't gone anywhere. >> let me just say that if this is a problem that we haven't dealt with before the next presidential election, 2016, nobody should want or have that job, because the country will be in such bad shape. >> so the fiscal cliff was just a preview of coming attractions. votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potential
so when the deal was approved ton the 1st, well, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank...